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$560,000
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Property Description
Investor Alert: Prime Mixed-Use Opportunity in the Heart of Ledyard! Welcome to 678 Colonel Ledyard Highway-a high-performing, fully occupied property offering a rare combination of residential and commercial income streams, all on one lot and just minutes from Ledyard Center. With $5,900/month in current rental income and value-add potential, this property is a standout addition to any investor's portfolio. The commercial building is home to a well-established, thriving diner that draws steady local traffic. Inside, you'll find three distinct dining areas with inviting electric fireplaces, three bathrooms, and a fully updated commercial kitchen featuring all new equipment including a Precision HD gas stove, griddle, fryers, hoods, an ice cream freezer, + more. The space also includes a freshly painted deck and charming outdoor areas. Upstairs, a partially finished space offers serious upside-perfect for potential expansion or conversion into additional rental or storage income. With ample on-site parking and a newly installed sidewalk connecting directly to Ledyard Center, this location offers excellent visibility and walkability for continued business growth. The two-family home includes a 2-bedroom, 1-bath unit on the lower level and a spacious 4-bedroom, 1-bath unit above-both fully leased with generous parking. Recent capital improvements include a new driveway (2022), new siding and gutters (2022), a new deck (2024), a patio (2022), and a new shed (2024). Both oil tank
Full Property Details
Full Property Details for 678 Colonel Ledyard Hwy
General
- Sold For: $560,000
- Taxes: (July 2025-June 2026)
- Status: Closed
- Type: Multi-Family
- Source: SMARTMLS
- MLS ID: 24109511
- Added to Site: 211 day(s) ago
Interior
- Number of Rooms: 14
- Fireplace: Yes
- Number of Fireplaces: 1
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 2
- Half Bathrooms: 2
Bedrooms
- Total Bedrooms: 6
Other Rooms
- Laundry: All Units Have Hook-Ups
Exterior
- Exterior Features: Sidewalk, Shed, Deck, Gutters
Parking
- Parking: None
Location
- County: New London
- Neighborhood: Ledyard Center
- Driving Directions: GPS Friendly
School Information
- Elementary School: Per Board of Ed
- High School: Per Board of Ed
Community
- Community Name: Ledyard Center
Heating & Cooling
- Cooling Type: None
- Heating Type: Hot Air, Oil
- Heating Fuel: Oil
- Water Heater: Electric, Tank Size Unknown
Utilities
- Sewer: Septic
- Water: Public Water Connected
Structural Information
- Architectural Style: Units on different Floors
- Construction Status: No/Resale
- Exterior Const.: Vinyl Siding
- Basement Desc.: Full, Unfinished
- Roof: Asphalt Shingle
- Attic: Yes
- Square Feet: 4,363
- Above Ground: 4,363 Sq. Ft.
- Year Built: 1931
Unit Information
Unit 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Total Bathrooms: 1
- Bedrooms: 4
Unit 3
- Total Bathrooms: 2
- Partial Bathrooms: 2
Lot Features
- Lot Size (Acres): 1.15
- Zoning: LCV2
- Lot Description: Level Lot
Financial Considerations
- Assessment Amount: $293,230
- Tax Year: July 2025-June 2026
Disclosures and Reports
- Property ID: 1511400
Listed and Sold by William Raveis Real Estate, Julia Ujvari
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Schools
Schools serving 678 Colonel Ledyard Hwy
School District:Ledyard School District
| Name | Grades | Distance |
|---|---|---|
Ledyard Middle School 1860 Route 12, Ledyard, CT 06335 | 7-8 | 3.2 mi |
Ledyard High School 24 Gallup Hill Road, Ledyard, CT 06339 | 9-12 | 0.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 678 Colonel Ledyard Hwy
Date
Details
Price
Change
Source
11/07/2025
Sold
$560,000
-3.45%
MLS
10/06/2025
Price Reduced
$580,000
-0.85%
MLS
7/15/2025
Listed
$585,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
678 Colonel Ledyard Highway, Ledyard, CT 06339 (MLS# 24109511) is a Multi-Family property that was sold at $560,000 on November 07, 2025. Want to learn more about 678 Colonel Ledyard Highway? Do you have questions about finding other Multi-Family real estate for sale in Ledyard? You can browse all Ledyard real estate or contact a Coldwell Banker agent to request more information.

